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    Canary Wharf Group grabs One Park Place from receivers

    January 25th, 2010

    One Park Place site found near the Westferry circus has been secured by the Canary Wharf Group for £17.5m. After several years of pursuit, Canary Wharf Group was able to pick up the lease from the receivers.

    Back in 2007 the property was originally purchased by Bernard McNamara’s Grattan Propertied for £55m. At that that the Tower Hamlets Council granted the group approval of a planning application that outlined a 45 storey shared offices building that would also contain retail and restaurants.

    However, the plan never became a reality as McNamara announced to the Irish media that he had debts that had accumulated up to £1.3b after investors won a lawsuit for 62.5m euro. A week later Canary Wharf announced that they were able to purchase the property.

    As of this moment, a Canary Wharf spokesman stated that there were not any plans for the site but that they are happy they were able to obtain it for a decent price.

    There has not yet been an official statement regarding if the Group will stick to the original design of the area by Horden Cherry Lee, but it is anticipated that Canary Wharf Group will choose to alter the plan a little to provide better access between West India Ave. and the estate.

    Chief Executive of the Group, George Iacboescu, stated that after 2011 there will be a lack of prime office space in Central London which will make sites such as One Park Place very desirable to future tenants.


    The Number of Office Lettings in Birmingham Predicted to Reduce Further

    August 4th, 2009

    The number of rental deals for office spaces in Birmingham has drastically reduced due to the economic meltdown. According to the team at Jones Lang LaSalle, this situation might get worse in the coming year.

    The lettings of office will be only due to the general trends in the market like the expiration of existing leases, changes in the rentals and break options.

    The city centre in Birmingham is expected to have around three million square feet of office space in the next couple of years. However, not many deals would happen for this space, as the existing occupants would, most probably, decrease the office space that they have taken for rent instead of expanding further. They are likely to bargain for better deals in other areas or look for extending the lease at a lower rent. Many companies are now trying to maximise office space by the provision of desk space to rent and shared office space, this is reflected by the increase in hits on websites such as Desk Space Genie.

    Jonathan Fear, the head of the National Office Agency Team in Birmingham, said that more than 40,000 sq. ft. of the available office space in the Birmingham city centre is presently rented out. Further, it is expected that there will be a reduction in the number of employees by the business that are established in the city centre as they are deliberating over decreasing the strength of the workforce in the coming months.

    The majority of the occupiers in Birmingham city centre have not engaged with the controversy of grey space. However, it is apparent that many tenants wish to decrease the office space rented by them. The trend might reverse in some time, but currently the demand is clearly not there.


    Light at the End of the Tunnel, Says Hammerson

    June 26th, 2009

    Hammerson Plc, a real estate company in the UK foresees a halt in the negative market trend of the past two years. The company, which owns shares in two of UK’s important business locations, the Bishops Square Complex and the Bull Ring Mall in Birmingham, is quite optimistic about the future of the market.

    John Richards, the Chief Executive Officer, feels that the property rates have almost stopped decreasing. Moreover, the rental income should also start stabilising quite soon. All this will come as a huge relief for the real estate companies, which have been struggling for survival throughout the recession.

    Mr Richards also stated in an interview that they are expecting a drastic fall in vacancy rates across the country, along with the number of defaults.

    Ever since the UK real estate market touched its highest point in 2007, there has been a severe fall in the property rates by about 44%. Unemployment, credit squeeze and the overall economic slowdown has been seen as the main reason for the downfall in the property rates. However, last month saw the lowest fall in the recent times with a 1.6% decrease and a small rise in office rentals and demand for shared office space.

    Hammerson Plc was the first of the four major real estate companies to have gone to the market to raise money in order to make good their bank loans. By December, the company had lost almost 5 billion pounds in asset value due to the market crisis.


    Website Promotion Needs Powerful Seo Tactics And Link Juice

    October 16th, 2008

    When dealing with your online marketing needs you should be aware of a few essential points. First of all none of the major seo tactics work without a few things for foundation.

    You need to have a website to promote, you need good quality and unique content, and your site must fall within the search engine guidelines for content, i.e. content that doesn’t offend anyone or carry pornography.

    Using search engine optimization is all about helping the search engines help you and to do that you must have a quality site to barter for good traffic to your site.

    Once you’ve established that they you can go the next route which is to develop your site and off page optimization known as link popularity or back links.

    If you’ve never heard the term “link Juice” before then you probably haven’t been diving into the world of seo marketing.

    Link juice is a term used to describe getting back links to your site from authority sites, which makes them important to search engines. Link juice can also come from non authority sites but they generally won’t carry much weight with the search engines.

    Search engine optimization requires you to have many links from many authority sites to give your site the appearance that everyone is going to your site from several other sites.

    This is like someone at a major store telling its customers to go to your store.


    Product Review: Sense’s Anti-Aging Skin Care Kit

    May 24th, 2008

    If wrinkles and lines are a concern to you, this skin care kit
    might be what you need to stop the aging process before it fully
    starts.

    It was our pleasure to try the sample, travel size kit available
    from The Diaper Lady. This kit is part of her Paraben-Free
    Product line. The package was shipped first class, and arrived
    safe and sound. Business cards were included, and the samples
    were in their own cute case with instructions. Catalog was also
    included for purchasing additional, full size items.

    This item was reviewed by my mother, who noted how well the
    products do work. She was most impressed by the natural
    ingredients, in addition to the great smell. The items included
    have made a difference in the softness of her skin, and has
    reduced lines around her eyes.

    Included in the travel kit were the following items:

    Gentle Daily Clenser Hydrating Toner Rice Brand Polisher
    Nutritious Creme Masque Perfecting Essence Serum Intensive Eye
    Nourisher Day time emulsion Night Renual

    Having never used an item like this before, it was an
    interesting experience for my mother. She’ll be using all the
    items on a regular basis from now on.

    Details on all the products offered from The Diaper Lady can be
    found at: http://www.thediaperlady.com


    Retirement Planning May Drive the Decision to Buy Annuities, But Estate Planning and Inheritances Dr

    May 16th, 2008

    FOR IMMEDIATE RELEASE

    J.G. Wentworth Analysis:

    Retirement Planning May Drive the Decision to Buy Annuities, But
    Estate Planning and Inheritances Drive Many to Sell

    The annuity’s inherent illiquidity complicates financial
    planning

    Bryn Mawr, PA, February 21, 2006 - Estate planning and the need
    to deal with inherited assets are among the top five reasons
    consumers sell their annuities, according to customer data
    compiled by J.G. Wentworth, a leader in the secondary
    market for annuities.

    “It’s ironic that a tool many people use to prepare for
    retirement can often complicate their estate planning and wealth
    transfer needs,” said Michael B. Vaughan, managing director of
    the J.G. Wentworth Annuity Purchase Program. “And once an
    annuity becomes an inherited asset, it poses unique tax problems
    for the beneficiary. Annuity holders are increasingly aware of
    those facts, as 29% of the inquiries we received over the last
    12 months came from investors in those two categories, while
    actual fundings of purchased annuities in those categories rose
    to 41%.”

    Vaughan noted that changing needs - whether personal
    circumstances or financial/investment goals - account for most
    of the rest, while “buyer’s remorse” came to a surprisingly high
    14% of inquiries and 12% of fundings.

    With more than $1.6 trillion of assets backing annuities in the
    U.S. alone, annuities have become a major personal finance tool
    for consumers looking to lower their tax profile and plan for
    retirement. Despite the enormous success and size of the annuity
    market in the U.S., however, J.G. Wentworth estimates that 5-10%
    of annuity holders would consider selling all or part of their
    annuities under the right circumstances.

    “The common denominator in every sale of an existing annuity by
    its owner is a simple need for liquidity,” Vaughan added.
    “Unfortunately, given the way that life insurance companies
    construct most annuities, liquidity is often difficult to
    obtain.”


    Batteries and the Ideal Method to Find the Rare Models

    April 5th, 2008

    When searching for battery advice it is recommended you make a note of the key points associated with your research, “where do I find the best Sealed lead acid batteries chargers” or “low price sony lithium camcorder batteries” or even “how to find cell phone batteries”, record these before you search to ensure that you do not get lost in a ton of electronics associated portals and forget what area of batteries you were primarily interested in. For good reliable battery expertise a portal that is owned by a person like a battery reconditioned would be ideal, these kind of sites will often have specific categories for topics including golf cart batteries, Pda batteries, laptop batteries charger and rechargeable battery reviews.

    When researching lithium polymer rechargeable batteries ensure that you take notes as you go, If you discover a key battery targeted website then you would be recommended to save it in your browser favorites, some battery websites are very useful. Battery information can be accessed very quickly if you know how, take your time whilst carrying out your batteries search and you will not go far wrong, if you need specialized help on an area such as cell phone batteries then you might be able to find it with the help of 3 or 4 general battery reviews.

    Consider also when you check out this particular area of electronics that you could be overrun with a number of particularly varied results, such gems as, camcorder batteries, sony lithium camcorder batteries and Lawn Mower Batteries could though be relevant to your needs. When researching lithium ion batteries 3.7v make sure that you take notes as you go, If you find a useful battery targeted website then you would be wise to save it to your pc favorites, many battery sites are very useful.

    Many websites will have dedicated areas on batteries, our site for instance features sections concerning Lithium polymer cell phone battery, Notebook batteries, Camera battery charger and lithium ion batteries 3.7v. Experts on areas like Lithium batteries manufacturer are undoubtedly a useful source of battery advice, if however your region of interest is a subject like cell phone batteries then attempt to obtain some extra advice via the internet.

    Melissa Knab is an in house author who writes
    Battery articles. For great battery guides, visit http://www.batteriespro.com